Where Did All the Borrowing Go? : A Forensic Analysis of the U.S. External Position /

The deterioration in the U.S. net external position in recent years has been much smaller than the extensive net borrowing associated with large current account deficits would have suggested. This paper examines the sources of discrepancies between net borrowing and accumulation of net liabilities f...

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Detalhes bibliográficos
Autor principal: Milesi-Ferretti, Gian
Outros Autores: Lane, Philip
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2008.
Colecção:IMF Working Papers; Working Paper ; No. 2008/028
Acesso em linha:Full text available on IMF